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Genshin Impact

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Genshin Impact is a hit game IP owned by miHoYo, the Chinese game studio behind titles such as *Honkai Impact 3rd* and *Honkai: Star Rail* . In the 2024 Double 11 shopping festival, Genshin Impact figurines were among the miHoYo IP merchandise items that surpassed RMB 1 million in single-item sales, illustrating the "games first" path for IP commercialization in China .

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Genshin ImpactProduct
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